Global Banking Monitor

Tuesday, May 7, 2024

Stripe employees get to sell $1bn of shares

It's good news for the Stripe employees...

Strategies for Upskilling Your Workforce in an AI-Driven Economy

In an era where artificial intelligence (AI)...

Five Strategies for Enhancing Internal Communications in Banks

In the fast-paced world of banking, effective...

Tag: amid

Japan Banks Rush to Strengthen Asset Management Business Amid Government Reform Push

The Japanese government's reform push for the country's $5 trillion asset management industry has sparked a series of action plans from top Japanese banking...

Warning Signs: US Banks at Risk of $160 Billion in Losses Amid Commercial Real Estate Downturn

The commercial real estate sector is at risk of seeing its biggest crash since 2008, and that could slam US banks with up to...

Korean Banks Take Action: $1.5 Billion Pledged Amid Profit-Sharing Pressure

Commercial banks in South Korea will provide at least a combined 2 trillion won ($1.5 billion) to support self-employed and mom-and-pop business owners as...

Yen Faces Downward Pressure as Bank of Japan Adheres to Ultra-Easy Policy Amid ‘Extremely High’ Uncertainties

Japan’s central bank left its ultra-loose monetary policy unchanged at its final meeting this year, a move that unraveled the recent yen rally as...

Central Banks Maintain Steady Rates Amid Market Speculation of Swift Cuts

Markets think it’s all over. After a lengthy and historic monetary tightening campaign to battle high inflation, major central banks are keeping high interest...

Japanese Inflation Rises Amid Increasing BOJ Pivot Expectations

Japan’s core consumer price growth picked up slightly in October, after easing the previous month, reinforcing investors’ views that stubborn inflation may push the...

India’s Bond Market Poised for Expansion Amid Central Bank Rate Reductions

Deutsche Bank analysts predict a bullish future for India's bond market, anticipating central bank rate cuts that could range between 25-50 basis points next...

Mexico’s Central Bank Alerts to Inflation Risks Amid Robust Demand

Mexico’s central bank signaled that it needs to see clearer evidence of disinflation before it can join the regional trend for interest rate cuts. Consumer...

National Australia Bank Reports Increased Earnings Amid Economic Challenges

Investors in the Australian banking sector, including National Australia Bank (OTC:NABZY) Ltd (ASX:NAB), are navigating a challenging environment marked by aggressive interest rate hikes...

Germany’s Central Bank Vice-President Issues Caution Amid Growing Insolvencies Among Lenders

Germany’s major banks need to increase their provisions for non-performing loans, as corporate insolvencies and credit risks mount, according to Bundesbank Vice-President Claudia Buch. Europe’s...

Indonesia Poised for Cautious Rate Pause Amid Fragile Rupiah Improvement

Indonesia’s central bank is expected to keep its benchmark interest rate steady, while staying on guard against external volatility that could reverse the rupiah’s...

Citi Appoints Gutiérrez-Orrantia as Europe Banking and Cluster Head Amid Restructuring

Nacho Gutiérrez-Orrantia, one of Citi's (C.N) most senior bankers in Europe, will become banking and cluster head for Europe as part of its planned...

Nigerian Central Bank Cancels Rate Meeting Amid Naira’s Sharp Decline

Nigeria’s central bank scrapped a meeting of its monetary policy committee for a second time since Governor Olayemi Cardoso was nominated to the post...

Central Banks Increase Gold Reserves Amid Accelerated De-Dollarisation Efforts

Central banks across the world may continue with the gold buying spree in the coming months. Amid the recent downgrade of the US by...

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